General Information |
Brokerage name: TradeStation Securities
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Minimum account size: > $10000
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Base commission rates: $14-$16
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Brief explanation of margin rates, if applicable:
N/A
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This brokerage has been in business for: 5-10 years
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Primary type of broker: Instant order execution-Stocks
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Brief description of services offered:
The TradeStation Platform was designed to meet the needs of professional traders. As a result, it incorporates state-of-the-art, direct-access order execution that gives you electronic connectivity to all nine ECNs, over 450 Market Makers and all U.S. Exchanges. And coming soon, TradeStation will allow you to place direct-access options trades. Clients also will have direct-access connections to major US futures and futures options markets and 24-hour access to major world markets.
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Account Information
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Types of trading accounts offered:
Full Service
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On-Line Full Service
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Premium Service
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Customers online account information is updated: Up to the minute
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Types of trades offerered:
Stocks
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Bonds
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Mutual Funds
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Options
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Futures
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Cash markets
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Industry groups
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Indices
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Other trade types: N/A
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Types of quotes offered to customers:
Real-Time
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Nasdaq Level II
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Execution methods offered:
Electronic direct access trading(SOES, SNET and the ISLD ECN)
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Online Broker(trade desk)
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Wholesaler
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Broker
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Exchanges covered:
Alberta Stock Exchange
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American Stock Exchange (AMEX)
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Arizona Stock Exchange
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Australian Stock Exchange
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Bombay Stock Exchange
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Boston Stock Exchange
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Bourse de Paris
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CBOE-Chicago Board Options Exchange
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CBOT-Chicago Board of Trade
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Chicago Stock Exchange
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Cincinnati Stock Exchange
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CME-Chicago Mercantile Exchange
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CSCE-Coffee Sugar & Cocoa Exchange, Inc.
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EASDAQ
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Egyptian Stock Exchanges
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Frankfurter Wertpapierborse (FWB)
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Hong Kong Stock Exchange
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Inter-Connected Stock Exchange of India
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Irish Stock Exchange
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Istanbul Stock Exchange
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Italian Stock Exchange
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Jakarta Stock Exchange
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Johannesburg Stock Exchange
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KCBT-Kansas City Board of Trade
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Korea Stock Exchange
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LIFFE-London International Financial Futures Exchange
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London Stock Exchange
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Luxembourg Stock Exchange
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MidAm-Mid-America Commodity Exchange
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Minneapolis Grain Exchange
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Montreal Stock Exchange
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NASDAQ
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National Stock Exchange of India
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New York Stock Exchange (NYSE)
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New Zealand Stock Exchange
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NYCE-New York Cotton Exchange
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NYMEX & COMEX-New York Mercantile Exchange
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Osaka Securities Exchange
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OTC
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Pacific Exchange
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Philadelphia Stock Exchange
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Singapore Stock Exchange
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Stock Exchange of Thailand
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Taiwan Stock Exchange
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Tel Aviv Stock Exchange
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Tokyo Stock Exchange
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Toronto Stock Exchange (TSE)
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Vancouver Stock Exchange
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Winnipeg Stock Exchange
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Setup or initial costs to set up an account: Depends on type of account
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Features
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Types of services offered to customers:
Technical Analysis
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Fundamental Analysis
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Basic -charts & graphs
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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Head line news
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Wireless (quotes, alerts, execution, etc.)
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Allow naked option writing
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Ways customers can access their trading account:
Internet
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Telephone
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Broker
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Mail
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Allow stop, limit, and stop limit orders? Yes
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Charge extra for stop, limit, and stop limit orders: No
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Offer 24 hour customer support: No
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Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
TradeStation provides an array of educational tools to help both new and existing users acquire a better understanding of strategy testing, automation and the many other powerful trading tools you'll have at your disposal the minute you log on.
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This broker's service is better than the competition in these areas:
The two unique advantages that have made TradeStation an industry leader for over 10 years%97the ability to historically test and automate custom trading strategies.
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Types of security precautions taken for customers:
N/A
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Communications during systems failures has been assured through:
N/A
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The major plans for upgrading the current level of trading service are as follows:
N/A
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